🇮🇸 ISK to 🇺🇸 USD — Convert Icelandic Krona to US Dollar
1 Icelandic Krona = 0.0081 US Dollar
ISK/USD Exchange Rate History
🇮🇸 ISK to 🇺🇸 USD Conversion Table
| Icelandic Krona (ISK) | US Dollar (USD) |
|---|---|
| kr1 | $0.0081 |
| kr5 | $0.0407 |
| kr10 | $0.0814 |
| kr25 | $0.2036 |
| kr50 | $0.4071 |
| kr100 | $0.8143 |
| kr500 | $4.0713 |
| kr1,000 | $8.1427 |
| kr5,000 | $40.7133 |
| kr10,000 | $81.4266 |
ISK/USD 30-Day Market Statistics
Over the past 30 days, the Icelandic Krona to US Dollar exchange rate has stayed broadly flat, moving from 0.0081 to 0.0081. It traded between a low of 0.0081 on Apr 29 and a high of 0.0082 on Apr 30, averaging 0.0081. With a high-to-low spread of 1.2277%, the pair has been very stable this month.
Frequently Asked Questions
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🇮🇸 About the Icelandic Krona (ISK)
The Icelandic Krona is the currency of Iceland, a small island economy driven by tourism, fishing, and aluminium smelting. Its small size makes the krona one of the more volatile floating currencies.
Issuing authority: Central Bank of Iceland (Seðlabanki Íslands).
🇺🇸 About the US Dollar (USD)
The US Dollar is the world's primary reserve currency and the most traded currency on the planet, on one side of roughly 88% of all foreign exchange transactions. It serves as the global benchmark for commodities such as oil and gold, which are priced in dollars.
Issuing authority: Federal Reserve System (the Fed).
What Moves the ISK/USD Exchange Rate?
The ISK to USD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Icelandic Krona (ISK): Tourism revenue, fishing and aluminium exports, central bank policy, and the small size of the currency market.
US Dollar (USD): Federal Reserve interest rate decisions, US inflation (CPI) data, non-farm payroll employment reports, and the dollar's status as a safe-haven asset during global uncertainty.
When demand for the Icelandic Krona rises relative to the US Dollar, the ISK/USD rate increases, meaning each ISK buys more USD. The opposite happens when the US Dollar strengthens.
How to Convert ISK to USD
- Enter the amount of ISK you want to convert in the converter above.
- The equivalent in USD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (USD to ISK).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange ISK to USD
Getting a rate close to the mid-market rate above can save you money, especially on larger Icelandic Krona to US Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.